CBS2-Header-Logo WFAN 1010WINS WCBS tiny WLNYLogo

News

2 Men Charged With Cheating NHL Players With Investment-Fraud Schemes

One Of The Alleged Victims Is Reportedly Bryan Berard
Bryan Berard #4 of the New York Islanders skates against the New York Rangers on March 6, 2008 at the Nassau Coliseum. (Photo by Bruce Bennett/Getty Images)

Bryan Berard #4 of the New York Islanders skates against the New York Rangers on March 6, 2008 at the Nassau Coliseum. (Photo by Bruce Bennett/Getty Images)

Islanders Central
Shop for Islanders Gear
Buy Islanders Tickets

NHL Scoreboard
NHL Standings
Team STATS
Team Schedule
Team Roster
Team Injuries

NEW YORK SPORTS HEADLINES

Get our weekday morning briefs direct from the WFAN newsroom
Sign Up
Rangers Central
Shop for Rangers Gear
Buy Rangers Tickets

NHL Scoreboard
NHL Standings
Team STATS
Team Schedule
Team Roster
Team Injuries

NEW YORK (CBSNewYork/AP) — Two men have been arrested on New York charges accusing them of cheating NHL players with investment fraud schemes.

Philip Kenner and Tommy Constantine were arrested on Wednesday in Scottsdale, Ariz. The names of their attorneys were not immediately available.

Court papers identify Kenner as a financial adviser to several current and former hockey players.

They accuse him of conning his clients into investing in phony real estate and other ventures.

Prosecutors say Kenner also got the players to invest in a company run by Constantine.

They allege the men diverted the money into their own bank accounts to pay for personal expenses.

One of the alleged victims, according to the New York Daily News, is Bryan Berard, who played with the Rangers and the Islanders during his 13-year NHL career.

You May Also Be Interested In These Stories

(TM and © Copyright 2013 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2013 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)